Livegenic Secures Next Round of Funding
Livegenic, an award-winning, real-time video platform for insurance, is pleased to announce completion of the next round financing, which was led by private investors and joined by Ben Franklin Technology Partners (BFTP).
This is the second round of financing for Livegenic and follows the company’s win of the 2015 ACORD Insurance Innovation Challenge in the Insurance Disruptor category and the 2015 SMA Innovation in Action Awards. The new funding enables the next step in Livegenic’s quest to transform the claim adjusting and management processes for property and casualty (P&C) insurers by incorporating results from real-time collaboration, user-generated video in field loss capture, and integrated management of visual documentation. Plans for the second half of 2016 include expanding the Livegenic sales team to meet growing demand for the technology in the U.S. and overseas, while continuing to invest in customer success.
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